logo
  

AirNet Technology Receives Deficiency Letter - Quick Facts

AirNet Technology Inc. (ANTE) said it received a Deficiency Letter from Nasdaq notifying that the company is no longer in compliance with the Nasdaq Listing Rule 5250(c)(1) for continued listing due to its failure to timely file its annual report on Form 20-F for the year ended December 31, 2019. The company intends to submit the Compliance Plan as soon as practicable.

AirNet Technology noted that the Deficiency Letter has no immediate impact on the listing of the company's ordinary shares represented by American depositary shares on the Nasdaq Capital Market.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Novartis AG (NVS) Thursday announced that the FDA has granted Breakthrough Therapy designation to Scemblix for treating adult patients with newly diagnosed Philadelphia chromosome-positive chronic myeloid leukemia or CML in chronic phase. This is the third Breakthrough Therapy designation assigned to... The U.S. Consumer Product Safety Commission or CPSC has announced recalls including utility vehicles or UTVs and snowmobiles, as well as electric wall ovens, spin swivel chairs, toy pinwheels, and children's nightgowns citing various reasons. Augusta, Georgia-based Textron Specialized Vehicles is recalling Prowler Pro and Tracker UTVs citing fire risk, as well as Arctic Cat Model Year 2024... Texas Pecan Co. is recalling various nuts, snack mixes, seeds, and snack sticks in 1 Lb and 8 oz sizes, citing the potential to contain undeclared peanut, tree nuts, soy, milk, sesame, and wheat allergens, according to the U.S. Food and Drug Administration.

Jobless claims data was the highlight in this relatively light week for U.S. economics. In Europe, focus was on the U.K. economy where the Bank of England announced its latest policy decision and the first quarter GDP data were released. Find out the signals from the central bank and whether or not the UK economy exited a recession. In the Asia-Pacific, Australia's central bank delivered its latest policy verdict and China released trade figures.

View More Videos
Follow RTT